IRR is closely related to the net present value function: basically you have to discount the individual cash in/outflow amounts over the course of the hold period to the present day (given the time value of money). https://support.office.com/en-us/article/irr-function-64925eaa-9988-495b-b290-3ad0c163c1bc

The second we are still working on but will en up being be a rental. 

utm_content=cl_sharecopy_17852601_en-US%3Av3&recruiter=576759764&recruited_by_id=b2c0a0f0-4f2d-11e6-baad-b1b36b0b7174&utm_source=share_petition&utm_medium=copylink&utm_campaign=psf_combo_share_initial&utm_term=share_petition&share_bandit_exp=initial-17852601-en-US&share_bandit_var=v1Cambridge Boston Medford Everett Arlington 

Finding a deal in EN thats well taken care of is a unicorn you know.  

Also the lender will not allow you to self perform unless you are a licensed GC.Costs will vary depending on a number of factors including ty en site itself.

You still have to have a TPT license but you file as null (at least in AZ)Here is the AirBNB article for WI - https://www.airbnb.com/help/article/2337/occupancy-tax-collection-and-remittance-by-airbnb-in-wisconsinVRBO - https://help.vrbo.com/articles/What-lodging-taxes-do-you-collect-for-Wisconsin You can also use a service like Avalera - https://www.avalara.com/mylodgetax/en/index.htmlAs for software - for one STR - just using the tools in VRBO/AirBNB is sufficient.  

https://www.msn.com/en-us/money/realestate/trump-administration-puts-new-limits-on-cash-out-refinance-loans/ar-AAFekoF?

I found this that might help you ....https://www.studiolegalemetta.com/en/italian-mortgages-for-non-italians/https://www.casatuscany.com/finance-alternatives-to-bank-mortgages/My guess is most US institutions do not want to do mortgage lending abroad unless you are very high net worth individual.   

Apparently they have (in addition to all the other features) an area where you can get in touch with cleaning companies that are using the app in a particular area.Hope this helps as I’ll be looking into it next.https://www.getproperly.com/en

@Eugene Cho there are some cities where it is really expensive to invest in real estate and cash flow on a rental property.